AML White Paper

Combating Black Money by Demonetization

Poornima Gupta, CAMS-FCI

This paper will explain the short-term and long-term impacts and the series of actions that will be required to dismantle India’s scourge of black money and counterfeit currency funding terrorism, along with money laundering through real estate and the funding of political parties, and the transition thereafter of the country toward a digitized economy with more transparency.